5 Tax Reform Rally Stocks to Buy Now

More large cap love in the wake of yesterday morning’s selling. After bottoming out in the mid-morning stocks have come straight up overnight, opening higher this morning and not looking back. Earnings reports are coming in tonight with tech leading the way. Small caps are still waiting for tax reform but in the meantime the rally is back as the Dow continues its breakneck pace.

Check out Dave’s Daily Dive video above where I break down the market action today!!!

Each day I, Dave Bartosiak of Zacks.com (Twitter @bartosiastics) dive into the charts, pointing out key price action and levels for you to watch.

But it doesn’t stop there because the highlight of today’s video, which you can see for free by clicking above, is where I uncover five Zacks Rank #1 (Strong Buy) and Zacks Rank #2 (Buy) stocks that are breaking out to new 52-week highs today. These stocks have a ton of momentum behind them and are charging higher. The list of stocks I cover today include:

Ameriprise Financial AMP

AMERIPRISE FINANCIAL SERVICES, INC. Price and Consensus

AMERIPRISE FINANCIAL SERVICES, INC. Price and Consensus | AMERIPRISE FINANCIAL SERVICES, INC. Quote

Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. The company’s Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services primarily to retail clients through its advisors. Its Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third party financial institutions and institutional sales force.

Conn’s CONN

Conn's, Inc. Price and Consensus

Conn's, Inc. Price and Consensus | Conn's, Inc. Quote

Conn's, Inc. operates as a specialty retailer of durable consumer goods and related services in the United States. It operates through two segments, Retail and Credit. The company’s stores provide furniture and mattress, including furniture and related accessories for the living room, dining room, and bedroom, as well as traditional and specialty mattresses; home appliances comprising refrigerators, freezers, washers, dryers, dishwashers, and ranges; and home office products consisting of computers, printers, and accessories. Its stores also offer consumer electronics, such as LED, OLED, Ultra HD, and Internet-ready televisions; and Blu-ray players, and home theater and portable audio equipment. 

Diodes DIOD

Diodes Incorporated Price and Consensus

Diodes Incorporated Price and Consensus | Diodes Incorporated Quote

Diodes Incorporated, together with its subsidiaries, designs, manufactures, and supplies application-specific standard products in the discrete, logic, and analog and mixed semiconductor markets primarily in Asia, North America, and Europe. It primarily focusses on low pin count semiconductor devices with one or more active or passive components. The company offers discrete semiconductor products, such as performance Schottky rectifiers and diodes; Zener diodes, including tight tolerance and low operating current type performance Zener diodes; standard, fast, super-fast, and ultra-fast recovery rectifiers; bridge rectifiers; switching diodes; small signal bipolar and pre-biased transistors; MOSFETs; thyristor surge protection devices; and transient voltage suppressors.

Northrop Grumman NOC

Northrop Grumman Corporation Price and Consensus

Northrop Grumman Corporation Price and Consensus | Northrop Grumman Corporation Quote

Northrop Grumman Corporation, a security company, provides systems, products, and solutions in autonomous systems, cyber, strike, logistics and modernization, and command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) to government and commercial customers worldwide. It has three segments: Aerospace Systems, Mission Systems, and Technology Services. 

Toll Brothers TOL

Toll Brothers Inc. Price and Consensus

Toll Brothers Inc. Price and Consensus | Toll Brothers Inc. Quote

Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities. The company operates through two segments, Traditional Home Building and City Living. It also builds and sells homes in urban infill markets under the Toll Brothers City Living name. 

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Northrop Grumman Corporation (NOC) : Free Stock Analysis Report
 
Toll Brothers Inc. (TOL) : Free Stock Analysis Report
 
Diodes Incorporated (DIOD) : Free Stock Analysis Report
 
AMERIPRISE FINANCIAL SERVICES, INC. (AMP) : Free Stock Analysis Report
 
Conn's, Inc. (CONN) : Free Stock Analysis Report
 
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